Contemporary Brick
61-36 Cloverdale Boulevard, Oakland Gardens, NY 11364
For Sale
$2,550,000
Two-unit residence with a four-bedroom owner’s layout, separate one-bedroom apartment, garage, and paved driveway.
Property Size3,430 SF
Price / SF$743.44
Days on Market52
Property Features for 61-36 Cloverdale Boulevard
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Construction
Tenancy
Listing Agency:
B Square Realty
Listed By:
Wujie Zhao · License #10401305423
(646) 645-1881
Source:
Cottiemaxwellrealestate
Added: Sep 18
Changed: Oct 19
Last Checked: Nov 6 at 2:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of B Square Realty
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Investment Insights
Based on property information with market context.
Built in 2009, this brick duplex combines a spacious primary residence with a separate one-bedroom apartment. The owner’s unit includes a living room, formal dining area, kitchen, half-bath, four upstairs bedrooms, a private primary bath, an additional full bathroom, and two balconies. Hardwood flooring, a curved staircase, and a two-story foyer add distinctive interior character.
The rear apartment has its own separate configuration, while the basement provides a private entrance and additional space for future use. Total interior living area measures 3,430 sq ft. The property also includes a detached garage and an extended paved driveway at 61-36 Cloverdale Blvd in Oakland Gardens, NY.
The rear apartment has its own separate configuration, while the basement provides a private entrance and additional space for future use. Total interior living area measures 3,430 sq ft. The property also includes a detached garage and an extended paved driveway at 61-36 Cloverdale Blvd in Oakland Gardens, NY.
Key Highlights
- 3,430 sq ft of combined interior living space
- Owner’s unit includes four bedrooms and two full bathrooms
- Separate one‑bedroom rental apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,844
Cap Rate
3.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,676,880
$1.7M
Cap Rate 7%
$1,197,771
$1.2M
Cap Rate 9%
$931,600
$931.6K
Market Conditions
NOI Build-Up for 3,430 SF
Gross rent
$158.5K $46.20/SF
− Vacancy
−$6.0K −$1.76/SF
EGI
$152.4K $44.44/SF
− OpEx
−$68.6K −$20.00/SF
NOI
$83.8K $24.44/SF
Area
Queens County, NY
Vacancy
3.80%
Lease Rate
$46.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,676,880
Cap Rate 7%
$1,197,771
Cap Rate 9%
$931,600
Alternative Uses
Best Use
Apartment 5plus
$1.20M
$1.05M – $1.40M
NOI $83,844 @ 7.0% cap · market cap 3.29%
Second Best
Multifamily LT 5
$811.0K
$709.7K – $946.2K
NOI $56,772 @ 7.0% cap · market cap 2.23%
Theoretical Best
Office A
$2.53M
$2.21M – $2.95M
NOI $177,004 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
647
Businesses Nearby
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Business Placement
Demographics for 11364, NY
37,032
Population
14,527
Households
2.5
Avg Household Size
45
Median Age
49%
College-Educated
86%
High-School Grad
2.5 sq mi
ZIP Area
14,813
Density / Sq Mi
$101,222
Median Household Income
$55,295
Median Earnings
$2,330
Median Rent
$770,100
Median Home Value
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Market
Properties on Market for Duplexes in Queens County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residence with a four-bedroom owner’s layout, separate one-bedroom apartment, garage, and paved driveway.
Where is this duplex located?
The property is located at 61-36 Cloverdale Boulevard Oakland Gardens, NY.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: 3,430 sq ft of combined interior living space; Owner’s unit includes four bedrooms and two full bathrooms; Separate one‑bedroom rental apartment
